ALGEMENE AANNEMING O&G CONSTRUCT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ALGEMENE AANNEMING O&G CONSTRUCT
Largest movements
- Cash -€32,486
down €32,486 (-32.6%), from €99,718 to €67,232
mainly Debts after one year (-€35,918) and Other debts (-€25,042)
- Tangible fixed assets -€21,368
down €21,368 (-7.8%), from €274,685 to €253,317
- Stocks and contracts +€10,878
up €10,878 (+85.3%), from €12,759 to €23,637
- Receivables within one year -€9,317
down €9,317 (-33.7%), from €27,678 to €18,361
of which Trade receivables: -€6,315
- Debts after one year -€35,918
down €35,918 (-16.1%), from €223,251 to €187,333
- Trade debts +€27,185
up €27,185 (+664.0%), from €4,094 to €31,279
- Other debts -€25,042
down €25,042 (-63.1%), from €39,689 to €14,647
- Tax, wage and social debts -€9,784
down €9,784 (-55.8%), from €17,545 to €7,761
of which Remuneration and social security: -€7,263
- Profit (loss) carried forward -€9,523
new in 2025: -€9,523
- Gross operating margin -€43,848
down €43,848 (-59.9%), from €73,197 to €29,348
- Taxes -€8,755
down €8,755 (-76.4%), from €11,465 to €2,710
- Depreciation +€3,324
up €3,324 (+15.4%), from €21,544 to €24,868
- Staff costs +€2,808
up €2,808 (+551.4%), from €509 to €3,317
- Financial charges +€796
up €796 (+14.7%), from €5,425 to €6,222
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €416,278 | €363,103 | -€53,175 | -12.8% |
| Fixed assets | 21/28 | €274,685 | €253,317 | -€21,368 | -7.8% |
| Tangible fixed assets | 22/27 | €274,685 | €253,317 | -€21,368 | -7.8% |
| Land and buildings | 22 | €201,804 | €194,355 | -€7,449 | -3.7% |
| Plant, machinery and equipment | 23 | €36,158 | €27,860 | -€8,298 | -22.9% |
| Furniture and vehicles | 24 | €36,723 | €31,102 | -€5,621 | -15.3% |
| Current assets | 29/58 | €141,593 | €109,786 | -€31,807 | -22.5% |
| Stocks and contracts in progress | 3 | €12,759 | €23,637 | +€10,878 | +85.3% |
| Stocks | 30/36 | €12,759 | €23,637 | +€10,878 | +85.3% |
| Amounts receivable within one year | 40/41 | €27,678 | €18,361 | -€9,317 | -33.7% |
| Trade receivables | 40 | €11,752 | €5,436 | -€6,315 | -53.7% |
| Other amounts receivable | 41 | €15,926 | €12,925 | -€3,002 | -18.8% |
| Cash at bank and in hand | 54/58 | €99,718 | €67,232 | -€32,486 | -32.6% |
| Deferred charges and accrued income | 490/1 | €1,438 | €557 | -€881 | -61.2% |
| Total equity and liabilities | 10/49 | €416,278 | €363,103 | -€53,175 | -12.8% |
| Equity | 10/15 | €95,390 | €85,867 | -€9,523 | -10.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,790 | €76,790 | = | 0.0% |
| Distributable reserves | 133 | €76,790 | €76,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,523 | -€9,523 | |
| Amounts payable | 17/49 | €320,888 | €277,236 | -€43,651 | -13.6% |
| Amounts payable after more than one year | 17 | €223,251 | €187,333 | -€35,918 | -16.1% |
| Financial debts | 170/4 | €223,251 | €187,333 | -€35,918 | -16.1% |
| Amounts payable within one year | 42/48 | €97,637 | €89,903 | -€7,734 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €35,609 | €36,215 | +€606 | +1.7% |
| Trade debts | 44 | €4,094 | €31,279 | +€27,185 | +664.0% |
| Suppliers | 440/4 | €4,094 | €31,279 | +€27,185 | +664.0% |
| Advances received on contracts in progress | 46 | €700 | - | -€700 | |
| Taxes, remuneration and social security | 45 | €17,545 | €7,761 | -€9,784 | -55.8% |
| Taxes | 450/3 | €5,465 | €2,944 | -€2,521 | -46.1% |
| Remuneration and social security | 454/9 | €12,080 | €4,817 | -€7,263 | -60.1% |
| Other amounts payable | 47/48 | €39,689 | €14,647 | -€25,042 | -63.1% |
| Remuneration, social security and pensions | 62 | €509 | €3,317 | +€2,808 | +551.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,544 | €24,868 | +€3,324 | +15.4% |
| Other operating charges | 640/8 | €1,880 | €1,784 | -€96 | -5.1% |
| Non-recurring operating charges | 66A | €500 | - | -€500 | |
| Gross operating margin | 9900 | €73,197 | €29,348 | -€43,848 | -59.9% |
| Operating profit (loss) | 9901 | €48,764 | -€621 | -€49,385 | |
| Financial income | 75/76B | €19 | €29 | +€10 | +50.6% |
| Recurring financial income | 75 | €19 | €29 | +€10 | +50.6% |
| Financial charges | 65/66B | €5,425 | €6,222 | +€796 | +14.7% |
| Recurring financial charges | 65 | €5,425 | €6,222 | +€796 | +14.7% |
| Profit (loss) for the period before taxes | 9903 | €43,358 | -€6,814 | -€50,171 | |
| Income taxes | 67/77 | €11,465 | €2,710 | -€8,755 | -76.4% |
| Profit (loss) for the period | 9904 | €31,893 | -€9,523 | -€41,416 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,893 | -€9,523 | -€41,416 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.